Mairead McGuinness, Head of Financial Services at the European Commission, called on his US colleagues to take immediate action on cryptocurrency regulation.
EU commission official Mairead McGuinness on October 18 He gave an interesting statement to the Financial Times. In the aforementioned statement, McGuinness addressed the lawmakers and financial authority in the USA, and said, global joint steps He stressed that it should be discarded. Cryptocurrency regulation that the EU is developing of MICA The commission official, who stated that it was progressing smoothly, stated that this business would be built on a healthier basis with global integration, not within the local framework.
Mairead McGuinness made the following statements:
We need to see other players pass laws as well. We need to focus on a global crypto regulation. These regulations will not be effective locally, it is everyone’s responsibility to take global steps. Over time, if cryptocurrencies continue to grow, they can create financial stability problems. In addition, the lack of certainty leaves investors with a number of problems.
Leading states of the world He seems determined to create a common awareness of crypto regulations. The steps of both the EU and the USA in this direction have become more serious and constructive with each passing day. On the other hand, recently Sitharaman, Minister of Finance of India “Integration of cryptocurrencies is not something that only one country can do.” stated and G20 He stated that they would especially discuss cryptocurrencies at their meetings.